FG To Pay N272.9bn Maturing Bonds   The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending contract obligations in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. This is 148 per cent higher...

‘N2trn Pension Fund For Infrastructure’ll Come Via Bonds’   The N2trn proposed to be raised from the Contributory Pensions Fund for investment in infrastructure development will be through bonds, according to findings by The PUNCH on Wednesday. A National Economic Council source told The PUNCH in Abuja,...

FG Reopens Subscription Offer For N150bn Bonds In December   The Federal Government has opened subscription offer for its December bond by reopening the APR-2023, APR-2029 and APR-2049 bonds, offering investors N50bn each across each tenor. The Debt Management Office said in a notice on Wednesday that...

In 11 Months, Investors Reap N112bn From Bonds   The Federal Government has paid a total of N112.42bn as interest on fresh bonds issued from July 2018 to May 2019, data obtained from the Debt Management Office has shown. The interest payments were made between January and...

FG To Offer N150bn Bonds November 20, Says DMO   The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on November 20. A circular by the DMO on Wednesday showed that a N50bn five-year reopening bond maturing in April...

FG’s October Bonds Oversubscribed By N105bn, Says DMO   The Federal Government’s bonds for the month of October worth N150bn, which were auctioned on Wednesday, were oversubscribed by N105.99bn, the Debt Management Office disclosed this on its website. The total subscription received from investors for the bonds...